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      Question

      Depreciation is charged on which among the following?

      A Capital Receipts Correct Answer Incorrect Answer
      B Capital Expenditures Correct Answer Incorrect Answer
      C Revenue Receipts Correct Answer Incorrect Answer
      D Revenue Expenditure Correct Answer Incorrect Answer
      E A or b Correct Answer Incorrect Answer

      Solution

      Non-Current assets are a result of Capital Expenditures.

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